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New Opportunities in the Original Shale Gas Basin: Refracs and Tri-fracs in the Barnett Shale

Occurred Tuesday, 21 May 2024, 12:00 p.m.–1:00 p.m.  |  Virtual Webinar via Zoom ( time)

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The Barnett Shale is a thick Mississippian organic-rich mudstone in the Fort Worth Basin in north Texas. BKV Corporation (“BKV”) now operates the original Mitchell/Devon and heritage XTO position where the unconventional play developed. Horizontal drilling commenced in 1992, with what we now consider wide cluster spacing and low-intensity completions. Today, BKV and other operators have the opportunity to develop the Barnett via creative horizontals wells in the tracts of acreage left between the dense array of existing wells. In addition to new drilling, there are opportunities to access undrained reservoir through refracing of existing horizontals and verticals. The thickness of the Barnett (300-1000 ft gross thickness), the internal frac barriers, and the vintage of completions have left substantial “meat on the bone.” BKV led the industry in the number of refracs in 2021-2022 by utilizing a multi-disciplinary approach to identify, de-risk, and execute refrac opportunities that have attractive economics and are quick to conduct with a workover rig and frac crew. The results have significantly arrested production decline in what many have written off as a declining play. The BKV team will describe the geology and nature of development that lends itself to the refrac opportunities, the evolution of the refrac candidate screening process, and the history and future of refrac techniques.

· Geology and development of the Barnett Shale, Fort Worth Basin – Rebecca Harrington, Geoscience Manager, BKV

· Evolution of the Barnett refrac candidate screening process – Ben Dellenbach, Geologist, BKV

· The history and future of refrac techniques in the Barnett Shale – Kevin Eichinger, Senior Completions Engineer, BKV

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